Last two fact open possibility for short-time longs, specially when we know that oil is adding green candles since days ago.
Bud I´d be careful with long time longs as bears probably haven´t said their last word
As per a chart below, this can be a beginning of a new bullish rally, having 2220 as first target
The hypothetical triangle has already been broken to the upside and to the downside which means the should be another pattern of a bigger extension.
Let's wait for today's close: Bulls have missed their option and now bears have this real option to turn the things in their favor